Newsletter: June 2002
Technology
Acquisition Fund
Eligibility
P
Technology proposed for
acquisition must be on the approved list of high technology as outlined in
the Promotion of Investment Act (PIA) 1986 and other strategic technologies
as approved by the Government;
P
Company is locally incorporated
and has at least 51% Malaysian equity/ownership;
P
Company must produce evidence
of the signed technology agreement, where applicable; and
P
A consortium of firms can also
apply
Activities Eligible
For Funding
P
Purchase of High-Tech Equipment
and Machinery
·
List of Promoted Activities and
Products for High Technology Companies under the Promotion of Investment Act
1986;
·
Mould and Die, Multimedia and
other Strategic Industries as approved by Government
·
Provides a partial grant of up
to a maximum of 50% of the total cost of machinery/equipment to be
purchased.
P
Technology Licensing
·
Approved for procurement of
technology as outlined in the PIA 1986 and other strategic industries and
technical assistant through technology licensing.
·
Provides a partial grant of up
to a maximum 70% of the cost involved in the payment of licensing fees.
P
Acquisition of Patent Right,
Prototypes and Design
·
Approved for procurement of
patent/manufacturing right and registered design, and prototypes and its
related technology transfer to facilitate the physical development of new
products
·
Provides a partial grant of up
to a maximum of 70% of the total cost involved in the acquisition of patent
rights, prototypes and design.
P
Placement of Malaysian in
Foreign Technology Based Companies and Foreign Technology Institute
· Approved for job Attachment/On-the-Job Training
·
The fund provides a partial
grant up to a maximum of 50% of the total
cost or RM30,000 whichever is lower for each person, subject to a maximum of
3 persons per project and the duration
not exceeding 3 month. Funding includes the cost of air travel,
accommodation and daily allowance.
·
Funding is not provided
training in affiliated or subsidiary companies overseas.
P
Expert Sourcing Programme
·
Sourcing for foreign experts to
advise and assist in upgrading the technical competency of firms, in term of
product and process improvement.
·
The fund provides a partial
grant of up to a maximum of 50% of the total cost RM30,000, whichever is
lower. The grant will cover costs which includes payment of professionals
fees, airfare and local accommodation.
Application
P
Applicants are advised to
discuss the proposed project with MTDC prior to making a formal application.
Technology
Acquisition Fund (TAF)
Malaysian Technology Development Corporation (MTDC)
Malaysia Technology Centre
University Research Park
43400 Serdang
Selangor
Tel: 03-8941 2000
Fax: 03-8941 1100
Attn: Mr. Abd. Halim Bisri
